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BofA Lifts Caterpillar (CAT) Price Target, Highlights Growth in Turbine and Data Center Segments
Yahoo Finance· 2025-10-18 02:32
Caterpillar Inc. (NYSE:CAT) is included among the 15 Dividend Stocks that Have Raised Payouts for 20+ Years. BofA Lifts Caterpillar (CAT) Price Target, Highlights Growth in Turbine and Data Center Segments Photo by Viacheslav Bublyk on Unsplash Bof‍A Securities raised it⁠s price targe‌t f⁠or Caterpillar Inc. (NYSE:CAT) from $517‍ to $594 on October 15 while keeping a Buy⁠ rating‌ on the stock⁠. The re⁠vision came after the firm’s review of the small turbine⁠ market,⁠ where⁠ it observed that e‍xpanding c ...
15 Dividend Stocks That Have Raised Payouts for 20+ Years
Insider Monkey· 2025-10-17 00:45
Core Insights - Companies that consistently increase dividends tend to outperform the overall market, with dividend growers achieving an average annual return of 9.62% from January 1972 to December 2018, compared to 8.78% for dividend payers and a decline of 0.79% for those that cut dividends [2] Dividend Growth and Company Performance - A company's commitment to increasing dividends creates pressure to enhance profits and cash flow, as failing to do so may lead to dividend cuts, which can significantly impact stock prices [3] - Historical dividend growth is a strong indicator of future sustainability, with a lower payout ratio suggesting potential for future increases, while high dividend yields may indicate vulnerability during tough times [4] Methodology for Selecting Dividend Stocks - The selection process for identifying top dividend stocks involves screening for companies that have raised dividends for 20 consecutive years or more, focusing on those with strong balance sheets and sound financials, ranked by dividend yields as of October 16 [6] Company Highlights - **Walmart Inc. (NYSE:WMT)**: - Dividend yield of 0.89% as of October 16, with a history of 52 consecutive years of dividend increases. Recently partnered with OpenAI to enhance customer shopping experience through ChatGPT [9][11] - **Pentair plc (NYSE:PNR)**: - Dividend yield of 0.92% as of October 16, with 49 consecutive years of dividend increases. Price target raised by JPMorgan from $116 to $126, and by Citi to $133, reflecting analyst optimism [12][14] - **Caterpillar Inc. (NYSE:CAT)**: - Dividend yield of 1.12% as of October 16, with 31 consecutive years of dividend increases. Price target raised by BofA Securities from $517 to $594, driven by strong demand in the small turbine market and data centers [15][18]
Caterpillar to acquire Australia's RPMGlobal for $728 million
Reuters· 2025-10-12 21:42
Core Viewpoint - Australian mining software firm RPMGlobal has agreed to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion (approximately $728.22 million) [1] Company Summary - RPMGlobal is a mining software company based in Australia [1] - The acquisition by Caterpillar signifies a strategic move to enhance Caterpillar's capabilities in the mining sector [1] Industry Summary - The deal highlights ongoing consolidation trends within the mining and heavy machinery industries, as companies seek to integrate software solutions to improve operational efficiency [1] - The acquisition reflects Caterpillar's commitment to expanding its technological offerings in the mining sector [1]
Caterpillar Inc. (CAT): Our Calculation of Intrinsic Value
Acquirersmultiple· 2025-10-09 23:00
Core Viewpoint - Caterpillar Inc. is currently trading above its intrinsic value according to a conservative DCF analysis, indicating limited margin of safety for long-term value investors [4]. Company Profile - Caterpillar is the largest manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and locomotives globally [2]. - The company benefits from a strong global scale, a durable brand, and a broad dealer network that supports recurring revenue from parts and services [2]. - Caterpillar's business is cyclical, linked to commodity and infrastructure cycles, but it generates robust free cash flow and practices disciplined capital allocation, making it attractive to value investors [2]. - Challenges include sensitivity to global economic slowdowns, supply chain disruptions, and competitive pricing pressures in the heavy machinery market [2]. DCF Analysis - The DCF model uses a discount rate of 10% and a terminal growth rate of 3% [3]. - Forecasted free cash flows (in billions USD) are as follows: - 2025: $8.0B → PV: $7.27B - 2026: $8.4B → PV: $6.93B - 2027: $8.8B → PV: $6.61B - 2028: $9.2B → PV: $6.30B - 2029: $9.6B → PV: $6.01B - Total present value of free cash flows is $33.12B [3]. - Terminal value calculated using the perpetuity growth model is $141.2B, with a present value of $88.47B [3]. Enterprise Value and Equity Value - The enterprise value is calculated as $121.59B, derived from the total present value of free cash flows and terminal value [3]. - Net debt is $31.52B, leading to an equity value of $90.07B [4]. - With approximately 478 million shares outstanding, the intrinsic value per share is estimated at $188 [4].
Should Value Investors Buy Terex (TEX) Stock?
ZACKS· 2025-10-03 14:41
Core Viewpoint - The article emphasizes the importance of value investing and highlights Terex (TEX) as a strong candidate for value investors due to its favorable financial metrics and Zacks Rank [2][4][7]. Financial Metrics - Terex (TEX) holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - The stock has a P/E ratio of 9.66, significantly lower than the industry average of 22.33, suggesting it may be undervalued [4]. - TEX's Forward P/E has fluctuated between 6.27 and 10.93 over the past 52 weeks, with a median of 9.17 [4]. - The P/S ratio for TEX is 0.66, compared to the industry average of 0.76, further indicating potential undervaluation [5]. - The P/CF ratio for TEX is 11.08, which is lower than the industry average of 15.66, suggesting a solid cash flow outlook [6]. - Over the past year, TEX's P/CF has ranged from 5.74 to 11.41, with a median of 7.29 [6]. Investment Outlook - The combination of the above metrics positions Terex as one of the strongest value stocks in the market, appealing to value investors looking for undervalued opportunities [7].
NTT and Mitsubishi Heavy Industries Demonstrate World-Record Transmission for Long-Distance Power Supply
Businesswire· 2025-09-17 14:31
Core Insights - NTT and Mitsubishi Heavy Industries Group have successfully demonstrated the world's most efficient optical wireless power transmission technology, capable of functioning effectively under atmospheric interference [1] Company Summary - NTT and Mitsubishi Heavy Industries Group are at the forefront of innovation in optical wireless power transmission, showcasing their technological advancements in a competitive industry [1]
X @Bloomberg
Bloomberg· 2025-09-15 02:10
Indonesian heavy machinery distributor United Tractors seeks to expand its businesses by acquiring a gold miner, according to a filing https://t.co/bGKDvb8QHi ...
Gencor: Upgrading To Buy On Improving Sales And Earnings Performance
Seeking Alpha· 2025-08-25 12:07
Core Insights - Gencor Industries, Inc. is a US-based manufacturer specializing in heavy machinery for highway construction, with a focus on identifying potential long-term stock value [1] Group 1: Company Overview - Gencor Industries, Inc. operates in the heavy machinery sector, specifically targeting the highway construction market [1] Group 2: Investment Strategy - The investment approach involves purchasing undervalued, profitable stocks with strong balance sheets and minimal debt, while also considering writing calls to generate additional income [1] Group 3: Risk Management - Risk management is emphasized through position sizing and the use of trailing stop losses over time to mitigate potential losses [1]
July PPI/Core PPI Jumped Unexpectedly
ZACKS· 2025-08-14 15:51
Economic Data Impact - Major economic data released this morning has significantly affected trading futures, with the Dow dropping from +3 points to -180 points, the S&P 500 from -1 to -30 points, and the Nasdaq from +7 to -140 points [1] - The small-cap Russell 2000 has also declined, giving up most of its previous gains, down -36 points [1] Producer Price Index (PPI) - Headline PPI increased by 90 basis points from 0.0% last month to +0.9% for July, indicating a rise in wholesale inflation [2] - Core PPI, excluding food and energy, also rose by 90 basis points month over month, reaching +0.6%, which is significantly above expectations and the highest levels since 2022 [2] - Year-over-year, July's headline PPI is at +3.3%, up from an upwardly revised +2.4% for June, marking the highest since February [3] - Core PPI year-over-year increased by +1.1% to +3.7%, the highest level since March, while ex-food, energy, and trade rose by 30 basis points to +2.8% [3] Jobless Claims - Weekly Jobless Claims reported a decrease of -3K to 224K, remaining below 230K for six consecutive weeks [5] - Continuing Claims are at 1.953 million, down -15K from the previous week, maintaining above 1.9 million for 12 straight weeks [6] - Longer-term claims have remained just below 2 million since mid-April, with a notable increase of +120K from mid-April to late May [7] Earnings Reports - Deere & Co. reported fiscal Q3 results with earnings of $4.75 per share, beating consensus by +7.8%, and revenues of $10.36 billion, exceeding expectations by +1% [8] - Despite outperforming, Deere's full-year guidance was softer than anticipated, leading to a -6% decline in shares [8] - Chinese firms also reported earnings, with JD.com achieving a +38% positive surprise at 69 cents per share, Weibo surpassing estimates by +100% to 54 cents, and NetEase exceeding expectations by 3 cents to $2.07 [9] - JD, Weibo, and VIPS saw gains in pre-market trading, while NTES experienced a -6% decline [9]
Economic Data at 3-Year Highs: PPI, Jobless Claims
ZACKS· 2025-08-14 15:21
Economic Data Impact - Major economic data released this morning has negatively impacted trading futures, with the Dow dropping from +3 points to -180 points, the S&P 500 from -1 to -30 points, and the Nasdaq from +7 to -140 points [1] Producer Price Index (PPI) - Headline PPI increased by 90 basis points from 0.0% to +0.9% for July, with core PPI also rising by 90 basis points month over month [2] - Year-over-year headline PPI reached +3.3%, up from an upwardly revised +2.4% for June, while core PPI soared to +3.7% [3] Jobless Claims - Weekly Jobless Claims decreased by 3,000 to 224,000, remaining below 230,000 for six consecutive weeks [5] - Continuing Claims stood at 1.953 million, down 15,000 from the previous week, marking the 12th consecutive week above 1.9 million [6] Earnings Reports - Deere & Co. reported fiscal Q3 earnings of $4.75 per share, beating consensus estimates by 7.8%, but shares fell by 6% due to softer full-year guidance [8] - JD.com reported earnings of 69 cents per share, a 38% positive surprise, while Weibo exceeded estimates by 100% with earnings of 54 cents per share [9]